General
Lagos Exempts Senior Citizens from Paying Land Use Charge
**Appeals for Cooperation as Implementation Begins
By Modupe Gbadeyanka
Lagos State government has begun the distribution of the 2018 Land Use Charge demand notices for properties across the state.
The distribution, which commenced last week, ought to have been carried out much earlier in the year, but was delayed by a review of the Land Use Charge Act by the State House of Assembly.
The review process entailed a repeal of the old law, public hearings and enactment of a replacement by the House of Assembly on January 28, before it was signed into law on February 8.
According to Mr Akinyemi Ashade, the state’s Commissioner for Finance, the State House of Assembly decided to review the law in the light of some of the inefficiencies that had become associated with the old Land Use Charge act.
“As noted by Speaker of the Lagos House of Assembly, only a small fraction of taxable properties were actually remitting Land Use Charge to the government,” said Mr Ashade. “To make matters worse, the land use charge rates had over time gradually become rather obsolete.”
In addition, he said, determination of the rates payable by property owners was often questionable because the formula could be applied in a subjective manner.
The new Land Use Charge regime, said Mr Ashade, sets out to correct the shortcomings in the previous regime.
For instance, the new regime allows for property owners to calculate by themselves the rates payable by them, once they have determined the market value of their properties. “This way, rates payable are transparent and standardized such that property owners are charged identical rates for properties of identical dimensions being used for identical purposes in the same locality.”
Mr Ashade added that the state government is very mindful of the impact of the current economic situation in the country on residents of the state, pointing out that the new Land Use Charge regime has several inbuilt reliefs for Lagosians.
For instance, senior citizens (citizens aged 70 years and above) who live in their own houses, are exempted from paying Land Use Charge. The same applies to properties owned by religious and not-for-profit organizations where such properties are not profit-yielding.
Physically challenged citizens also enjoy considerable discounts on their computed charges.
In the same light, every Land Use Charge bill benefits from a discount of 40 percent and an additional 15 percent discount if the bill is paid promptly.
“The new Land Use Act as recently passed by the House of Assembly is designed to enhance the overall efficiency of the Land Use Charge regime to enable government become even better equipped to continue the infrastructure regeneration that is currently being aggressively implemented across Lagos State,” he emphasized.
“We have been very encouraged by the responses we have received so far as a good number of Lagosians have since gone ahead to make payment. This is very commendable and we extend our thanks and appreciation to them for discharging their civic responsibilities promptly,” the Commissioner enthused.
Mr Ashade acknowledged that some others have raised questions about their bills. “We are also engaging a handful of Lagosians who have raised legitimate concerns about their bills. We have a full-fledged Help Desk manned solely dedicated to managing and resolving such complaints,” he said.
He advised Lagosians seeking more clarity about their bills to contact the Lagos Land Use charge Help Desk adding that the Help Desk contact details including email and telephone numbers are clearly stated on the demand notices.
Property enumerators, Mr Ashade added, are also being deployed across the state to verify not only the dimensions and reasonable market value of properties but also the use to which these properties are deployed.
The essence, he explained, is to enhance the accuracy of Land Use Charge determination. “I want to appeal to my dear fellow Lagosians to kindly avail these enumerators of as much cooperation as possible to ensure accurate determination of Land Use Charge for all.”
While again acknowledging that the times are difficult, Mr Ashade sought the understanding and cooperation of Lagosians, adding that the state’s consistently peerless performance not only in the area of providing infrastructure but also prompt payment of workers’ salaries among others, is attributable to its formidable internally generated revenue model which is now being copied by all. “We crave your support and understanding as we jointly strive to continue to build a mega city of the future for which our children shall be proud.”
General
NCS, PEBEC Unveil Framework to Strengthen Trade Competitiveness
By Adedapo Adesanya
The Nigeria Customs Service (NCS), in partnership with the Presidential Enabling Business Environment Council (PEBEC), has launched a strategic reform agenda aimed at enhancing port efficiency and strengthening Nigeria’s trade competitiveness.
The initiative was unveiled on Tuesday, April 7, 2026, at the opening of a three-day operational workshop in Apapa, Lagos, themed Customs Leadership in Port Efficiency, Inspection Reform and Clearance Timeline.
Speaking at the event, the Comptroller-General of Customs, Mr Adewale Adeniyi, outlined a five-pillar strategy designed to transform port operations. The framework focuses on joint inspections, risk-based cargo clearance, optimisation of scanning infrastructure, enforcement of service timelines, and improved inter-agency collaboration.
Mr Adeniyi emphasised that the Service is shifting from policy formulation to effective implementation, stressing the need for consistent execution of established best practices.
He noted that the “workshop was aimed at bridging the gap between knowledge and action within the system.”
He further highlighted the transition to intelligence-led cargo processing, stating that ongoing investments in digital platforms and scanning systems must result in faster, more transparent clearance procedures for traders.
To ensure accountability, the Customs boss disclosed that the workshop would produce a reform execution matrix subject to close monitoring, adding that he would personally track progress reports.
He also urged officers to uphold professionalism, integrity, and commitment in the discharge of their duties.
In her remarks, the Director-General of PEBEC, Mrs Zahrah Mustapha-Audu, underscored the importance of adopting risk-based, data-driven inspection systems.
According to her, efficient and transparent border processes are essential to reducing the cost of doing business and improving Nigeria’s global trade standing.
Also speaking, the Deputy Comptroller-General in charge of Tariff and Trade, Mrs Caroline Niagwan, said the evolving mandate of the Service places it at the heart of trade facilitation and economic growth, adding that efficiency must be reflected across all commands.
As part of the engagement, the Customs and PEBEC delegation visited the National Single Window facility, where they held discussions with the Chairman of the Nigeria Revenue Service, Mr Zacch Adedeji, and other stakeholders to review progress and address operational challenges.
General
Madica Invests $600k in Nigerian Data Startup Biovana, Two Others
By Adedapo Adesanya
Madica, a structured investment programme for pre-seed African startups, has announced new investments totalling $600,000 in three tech-enabled startups, including Nigerian data startup, Biovana.
According to the initiative, these investments further reinforce Madica’s commitment to supporting founders and startups often excluded from traditional venture funding. The other startups include Tanzania’s Kilimo Fresh and Kenya’s Hakimu.
Each company has secured up to $200,000 in funding and will take part in Madica’s 18-month programme. This includes a tailored curriculum, hands-on mentorship, executive coaching, and two fully funded immersion trips to key technology ecosystems, both locally and internationally. The startups will also gain access to Madica’s global investor network, helping position them for growth and long-term success.
Madica’s programme seeks to counter the concentration of Africa’s tech funding in a few markets, verticals, and well-networked entrepreneurs and instead drive more equitable growth across the continent. This is done by backing a mix of underrepresented founders, startups from underserved regions, and innovators in overlooked sectors.
Launched in 2022, Madica is a sector-agnostic investment program designed to address structural gaps in Africa’s startup ecosystem. The program tackles key challenges startups face, such as limited access to capital, a scarcity of investors, and insufficient mentorship. It also provides the structured support necessary for startups to resolve critical issues and foster innovation, entrepreneurship, and wealth creation across the continent.
Kilimo Fresh (Tanzania), co-founded by Ms Baraka Chijenga and Mr Justice Mangu, connects smallholder farmers in Tanzania to reliable urban markets by aggregating, processing, and distributing fresh produce through a technology-enabled supply chain, aiming to reduce food waste.
Hakimu (Kenya), Hakimu, co-founded by Ms Rawan Dareer, Mr Ahmed Ahmed and Mr Ahmed Elbashir, is building a pan-African legal infrastructure leveraging the power of AI.
Biovana (Nigeria), co-founded by two female founders, Ms Estelle Dogbo and Dr Jumi Popoola, is a data harmonisation and certification platform focused on unlocking African health datasets for global pharmaceutical, AI, and clinical research applications.
Commenting on the new portfolio companies, Mr Emmanuel Adegboye, Head of Madica, said, “Each new investment brings us closer to the portfolio we set out to build, one that reflects the full breadth and diversity of African entrepreneurship. These three startups join a growing community of founders we’re backing with the resources, relationships, and runway they need to succeed at this early stage. The opportunity across the continent is enormous, and we’re committed to being a crucial and consistent partner in realising it.”
“Joining the Madica portfolio is a significant moment for Hakimu. We’re revolutionising access to justice across Africa, and having a partner that understands the specific challenges and opportunities of scaling in Africa makes a real difference,” said Ms Dareer, co-founder and CEO of Hakimu. “We’re grateful for the trust, looking forward to the hands-on support, and clear-eyed about the work ahead.”
General
Tinubu, Dangote, Others for Africa CEO Forum 2026 in Kigali
By Adedapo Adesanya
President Bola Tinubu is expected to be among the leading public figures attending the next edition of the Africa CEO Forum, which will take place on May 14-15, 2026, in Kigali, Rwanda
A strong Nigerian private-sector delegation will also take part, including Mr Aliko Dangote, Mr Wale Tinubu, Mr Ofovwe Aig-Imoukhuede, Mrs Adesuwa Ladoja, Mrs Rachel More-Oshodi, Mrs Zouera Youssoufou, Mr Karim Noujaim, Mr Dany Abboud, Mr Ayo Otuyalo and Mr Chukwuerika Achum. Nigeria’s Coordinating Minister of Health and Social Welfare, Professor Muhammad Ali Pate, will also be present.
According to a statement on Tuesday, the 2026 edition will convene in Kigali to address a defining question for Africa’s future: how to achieve the scale necessary to compete, integrate and thrive in a fragmenting world.
It comes as global power dynamics continue to evolve, while the ability of Africa to rely on competitive, agile and internationally integrated corporate champions has become a defining corporate imperative. In this shifting global landscape, one lesson is clear: scale is no longer optional. It is the first line of defence.
Organised by Jeune Afrique Media Group and co-hosted by the International Finance Corporation (IFC), the Africa CEO Forum 2026 will convene Africa’s leading public and private decision-makers around a clear conviction: scale can only be achieved through shared African ownership.
The Forum will explore three strategic levers to build continental scale. First is shared equity, which will look to unlock cross-border equity investment to create multinational African champions. Mobilise African institutional capital across markets to strengthen resilience and enhance long-term returns.
Also, is shared infrastructure, which will take on designing complementary infrastructure to integrate African value chains. Champion transformative projects that serve regional, not merely national, needs and create truly connected markets.
Thirdly is shared frameworks, which is set to harmonise standards, rules and regulations to boost investor confidence and enable the free flow of capital, goods and services. Build future-proof digital rails for health, education, agriculture and cross-border payments.
Speaking on this, Mr Amir Ben Yahmed, President of the Africa CEO Forum, stated: “If Africa wants to compete in a world defined by scale, it must move beyond economic patriotism and embrace a new model: African capital investing together. Shared ownership, cross-border partnerships and continental ambition will define the economic future of Africa and the next generation of African champions.”
On his part, Mr Makhtar Diop, Managing Director at IFC, stated: “Africa has the capital and the opportunity to grow and create quality jobs. What matters now is putting that capital to work at scale. That means building trust, sharing risk, and investing across borders. The Africa CEO Forum brings leaders together to connect policy and private investment, and to help shape Africa’s next phase of growth.”
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